Turnover: 29 billion EUR (2022)

Country: China

  • BYD is a Chinese manufacturer of cars and transport equipment, also active in the production and sale of electronic components.
  • It is one of the world's largest manufacturers of electric vehicles and batteries for electric vehicles
  • american investor Warren Buffet is a major shareholder

News

BYD: the meteoric rise of the Chinese auto giant 26/03/2024

  • - Sales growth: +42% over the past year.
  • - Total sales**: 76.8 billion euros.
  • - Number of cars sold: 3.02 million last year.
  • - Increase in car sales**: +62% year-on-year.
  • - Ranking among the world's leading automakers**: 10th.
  • - Sales outside the People's Republic**: 242,000 units
  • - Market share of 100% electric vehicles in China**: 25% by 2023.
  • - Increase in profits**: +81% last year.
  • - Total profits**: 3.83 billion euros.
  • - Registrations in Western Europe**: 23,300 units in February, down almost 30% on December and January.

BYD sets up in Brazil 26/10/2023

  • BYD investment project in Brazil: 3 billion reals (570 million euros).
  • First BYD plant outside Asia to be located in Brazil.
  • Brazilian vehicle fleet estimated at 60 million cars.
  • BYD has passed the 5 million mark in car sales.

BYD, the other electric car star 17/07/2023

  • BYD sold 1.86 million electric or plug-in hybrid cars in 2021.
  • Tesla sold 1.3 million electric cars or plug-in hybrids in the same year.
  • BYD became the world's second-largest manufacturer of batteries for cell phones.
  • BYD is present in two out of every ten phones sold worldwide.
  • Warren Buffet acquired 10% of BYD for $232 million in 2008.
  • BYD aims to sell 800,000 vehicles in Europe by 2030.
  • BYD is the world's third-largest battery manufacturer.

BYD and Chinese brands in Europe 08/06/2023

  • BYD overtook Volkswagen in terms of sales in China in the first quarter of 2023
  • 7 to 8 new Chinese brands (Nio , Ora , Aiways) are expected to arrive in Europe over the next two years.
  • MG sold 26,400 100% electric cars in the first four months of 2023 in 18 Western European countries, achieving a market share of 4.9% in this segment.
  • Chinese brands accounted for 2.5% of the 3.7 million new cars sold in Western Europe from January to April 2023.
  • the SAIC and Geely groups accounted for 83.7% of Chinese car registrations in Western Europe.
  • Chinese carmakers offer much more attractive margins to dealers than Western manufacturers (double, according to one industry expert)

BYD arrives in France with five models 08/06/2023

  • BYD is a major competitor to Tesla in China and worldwide.
  • BYD has already invested in the Spanish, Portuguese, Irish and German markets, and plans to do so in Italy and Iceland
  • BYD is working with financial partners to offer leasing options to its customers in France.
  • The company has signed partnerships with dealers in France and plans to set up 15 to 20 points of sale dedicated to the brand by the end of the year, and around 100 by 2025.
  • BYD is the market leader in Israel, having sold 14,000 cars in eight months.
  • The company plans to build a plant in Europe

BYD creates a sensation with its €10,000 electric car 20/04/2023

  • Shenzhen-based carmaker BYD 1.86 million electrified cars sold by BYD in 2022
  • Seagull price: from 10,000 euros (75,000 yuan)
  • BYD aims to build a factory in Europe and launch three models within a few months

BYD, Tesla's Chinese rival, has quintupled its profits in 2022 31/03/2023

  • BYD net profit in 2022: 16.6 billion yuan (2.2 billion euros), up fivefold on 2021.
  • BYD annual sales in 2022: 216.1 billion yuan (29 billion euros), up 96.2% on 2021.
  • Sales of hybrid and electric models in China in 2021: almost doubled on the previous year, accounting for more than a quarter of vehicles sold.
  • BYD sales in February 2022: 191,664, far ahead of Tesla (around 75,000).

Electric cars: China's BYD sets its sights on Europe 26/08/2022

  • The company has become the world's number 1 electric car manufacturer, with 641,000 deliveries compared with 564,000 for Tesla
  • The automaker ranked number two in sales of electric SUVs last July
  • The group began selling its vehicles in France in 2022
  • It will start with Scandinavia and Benelux before expanding into France, Germany and the UK at the end of the year
  • Founded in 1995 as a battery manufacturer, it entered the automotive market in 2003, which now accounts for 52% of its sales of 32 billion euros

Financial Data

DUNS: 829635820

Legal Name: BYD FRANCE

Address: 8 RUE LEONARD DE VINCI , 60000 BEAUVAIS

Number of employees: Entre 20 et 49 salariés (2020)

Capital: 10 000 EUR


Financial Data:

Year 2021 2020 2019 2018 2017
Turnover 1 805 616 - 11 912 542 540 718 -
Gross margin (€) 1 594 277 - 2 919 002 1 177 007 2
EBITDA (€) -1 261 714 - 305 910 -486 190 -542 923
Operating profit (€) -2 242 439 - -356 197 -685 280 -543 742
Net profit (€) -988 263 -783 528 -284 912 -627 123 -531 853
Turnover growth rate (%) -50,9 - 2 103,1 - -
Ebitda margin rate (%) -69,9 - 2,6 -89,9 -
Operating margin rate (%) -124,2 - -3 -126,7 -
Working Capital (turnover days) -32,6 - -5,5 2 277,6 -
Working Capital requirements (turnover days) 123 - -39 3 476 -
Net margin (%) -54,7 - -2,4 -116 -
Added value / Turnover (%) 50,5 - 17,7 72,1 -
Wages and social charges (€) 2 020 700 - 1 586 392 873 668 249 135
Salaries / Turnover (%) 111,9 - 13,3 161,6 -

Company Managers:

Position First Name Last Name Age Linkedin
Président Youxing SHU 48
Directeur général Yong YANG 42

Studies mentioning this company

The battery market - France

Other companies mentioned:

  • Tesla
  • CATL
  • LG Chem
  • Theion
  • Verkor
  • Viridian Lithium
  • Green Corp Konnection GCK
  • Vulcan Energy
  • Blue Solutions (Bolloré Groupe)
  • Alteo
  • Iten
  • Panasonic
  • Tiamat Energy
  • Eramet
  • Tyva Energie
  • Li-Cycle
  • Limatech
  • Inocel
  • Glencore
  • Neogy (Startec Energy Groupe)
  • GS Yuasa
  • BYD
  • Foresee Power
  • Batteries Prod
  • Vélo Batterie- Batteries Prod
  • Toyota
  • Stellantis (Groupe PSA et Fiat)
  • Volkswagen Group
  • Audi (Volkswagen Group)
  • Tata Group
  • Bolloré
  • Mecaware
  • Nawa Technologies
  • BMW
  • Samsung Group
  • SK Group Korea
  • Nissan
  • Arkema groupe
  • Mob-Energy
  • Batconnect

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